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1 Part 1 of 2 Required information {The following information applies to the questions displayed below) Del Gato Clinie's cash account shows a $16.007 debit
1 Part 1 of 2 Required information {The following information applies to the questions displayed below) Del Gato Clinie's cash account shows a $16.007 debit balance and its bank statement shows $14,814 on deposit at the close of business on June 30. a. Outstanding checks as of June 30 total $1,566. b. The June 30 bank statement lists a $25 bank service charge. c. Check No. 919, listed with the canceled checks, was correctly drawn for $389 in payment of a utility bill on June 15. Del Gato Clinic mistakenly recorded it with a debit to Utilities Expense and a credit to cash in the amount of $398, d. The June 30 cash receipts of $2,743 were placed in the bank's night depository after banking hours and were not recorded on the June 30 bank statement 00:46:00 Prepare its bank reconciliation using the above information DEL GATO CLINIC Bank Reconciliation June 30 14.814 Book balance Add Error on Ck. No. 919 $ $ 16,007 Bank statement balance Add: $ 9 0 9 16,016 Deduct: Outstanding checks (1,566) 14,814 Deduct: Bank service charge (1,566) 13,248 Adjusted book balance (25) (2.743) (2.708) 13.248 $ $ Adjusted bank balance
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